Do You Use Payment Apps (Gcash or Paymaya)

[glenn_duke]

Yare, branch manager ng dalawang involve na banks kung fictitious yung account holders na nilipatan nung pera.

[dr. d]

so how can financial companies be "proactive" when it's the customers themselves who give scammers access

all the companies can do is detect suspicious activity as they happen or after they happen and try to minimize the damage

unless meron technology like minority report

from financial companies,
"warning! we will not be responsible for loss brought about by careless handling of your vital information!"
heh heh.

ilang beses na akong tinawagan ng CC company, verifying my so-called latest transaction.
"yespo. ako nga. nasa SG ako ngayon, bumili nang...."

but i am wondering, what will they do, should my answer be, "hindi ako yon! confined sa hospital ako for the past three days!"
is it too late to reverse the charges?

[misseksaherada]

Baka yung ganitong mga text messages.. Kawawa naman yung mga naloloko.. Lakas loob din ng mga hackers, madali lang siguro mag open ng dummy account sa Eastwest at AUB (edited selfie photo gamit yung mukha na nasa ID din na downloaded sa internet? [emoji848])..

[dr. d]

Yare, branch manager ng dalawang involve na banks kung fictitious yung account holders na nilipatan nung pera.

it probably depends on how fast these managers respond to the red flags.
if an account suddenly bursts with lotsa money...
if the account suddenly is drained of large amount of money...

our suking banco's manager one day came up and asked, "doc, malaki yata yang withdrawal nyo."
"yespo. bibili nang bagong kotse."
he sighs.
"doctor, alam mo ba, outstanding ang performance nang banco natin, except for car loans."
"bakit po?"
"cold cash kasi lagi kayo pag bili nang kotse. walang car loans."

lifting the bench. buhat bangko.

[uls]

BSP told banks to be more lenient para mas madami mag open ng account

madami kasi unbanked sa pinas

kaya ang dali mag open ng account ngayon

but with that comes fictitious accounts created with fake id

[glenn_duke]

Yaiks, temporary suspended gcash to bank transfer.

[uls]

the public wants a payment system/money transfer system that's low friction

ung madali gamitin, mabilis

so companies minimize the steps to send money from one account to another

if you demand more security, what you actually want is more friction

you want companies to add more steps

[H1Tman]

according to some talkers,
Gcash was not hacked.
some Gcash account holders were tricked into giving up their vital info, to phishters.

these phishters are so good at their craft.
the reason why i immediately recognized one such for what it is, when they were asking for my BDO account data for thisenthat,
was because "i do not have a BDO account."

I also don't think GCash can blame their customers, to keep good image. Customers can deny this of course, that they are partly to blame.

[dr. d]

I also don't think GCash can blame their customers, to keep good image. Customers can deny this of course, that they are partly to blame.

it is bad business practice to openly blame one's costumers, even as the latter are guilty as hell... it tends to shoo away potential and current costumers.
instead of pinpointing blame, they go along the lines of, "what can we do to make it a win-win situation for both of us?"
until when the case goes to court,
in which case,
business will try to put the blame on the erred costumer.

[dr. d]

BSP told banks to be more lenient para mas madami mag open ng account

BSP actually said that!?